LatinNews Daily - 30 April 2018

Paraguay: The finance ministry has released new figures which show that the public debt reached US$7.68bn in the first quarter of the year, or 24.6% of the country’s GDP. The first quarter public debt figure is 7.1% higher than that registered in the same period in 2017, and an increase of 84% compared to 2013 when the outgoing government led by President Horacio Cartes assumed office for a five-year term ending in August. During the electoral campaign leading up to the 22 April general election, the opposition expressed concerns about the high level of debt being issued by the Cartes government to finance its government spending. 

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